Almost all the Indian Railway Share price has slipped down along with the correction in Indian stock market (NSE, BSE). It bestows a better opportunity for new entry in Indian Railway shares because before and after budget this emerged as a growing sector that even gave 1500% return to investors.
Example: IRFC (Indian Railway Finance Corp) this stock has already given 578% return to the investors.
Table of Contents
5 Indian Railway Share Price names
- IRFC
- IRCTC
- Rail Vikas Nigam
- Railtel Corporation of India
- Texmaco Rail & Engineering
All these top 5 Indian Railway share price jump up to 20% to 100% will seem to see in upcoming 1 year.
All the railway stocks above are Railway theme stocks. So, anyone can consider them for their portfolio.
#1. IRFC price target:
| 1st Target | Rs. 155 to Rs. 159 | Buy and Hold for 1 year |
| 2nd Target | Rs. 160 to Rs. 164.90 | Buy and Hold |
| 3rd Target | Rs. 165 to Rs. 169 | Buy and Hold |
| 4th Target | Rs. 170 to Rs. 174.50 | Buy and Hold |
| 5th Target | Rs. 175 to Rs. 180.50 | Buy and Hold |
#2. IRCTC price target:
| 1st Target | Rs. 874 to 879 | Buy and Hold for 6 months |
| 2nd Target | Rs. 880 to 884.50 | Buy and Hold |
| 3rd Target | Rs. 885 to 890 | Buy and Hold |
| 4th Target | Rs. 900 to 910 | Buy and Hold |
| 5th Target | Rs. 910 to Rs. 924.50 | Buy and Hold |
#3. RVNL price target:
| 1st Target | Rs. 270 to 275 | Buy and Hold for 1 year |
| 2nd Target | Rs. 280 to 289 | Buy and Hold for 1 year |
| 3rd Target | Rs. 290 to 296.50 | Buy and Hold for 1 year |
| 4th Target | Rs. 297 to 299.50 | Buy and Hold for 1 year |
| 5th Target | Rs. 300 to Rs. 304 | Buy and Hold for 1 year |
#4. Railtel Corporation price target:
| 1st Target | Rs. 375.00 | Buy and Hold for 1 year |
| 2nd Target | Rs. 380.00 | Buy and Hold for 1 year |
| 3rd Target | Rs. 390.00 | Buy and Hold for 1 year |
| 4th Target | Rs. 395.00 | Buy and Hold for 1 year |
| 5th Target | Rs. 400.00 | Buy and Hold for 1 year |
#5 Texmaco Rail & Engineering price target:
| 1st Target | Rs. 175.00 to 177.90 | Buy and Hold for 1 year |
| 2nd Target | Rs. 178 to Rs. 181.50 | Buy and Hold for 1 year |
| 3rd Target | Rs. 182 to Rs. 187 | Buy and Hold for 1 year |
| 4th Target | Rs. 189 to Rs. 194 | Buy and Hold for 1 year |
| 5th Target | Rs. 195 to Rs. 200 | Buy and Hold for 1 year |
How to invest in Railway Stocks India?
- Download Groww, Upstox or Angelone
- Open FREE Demat Account (Complete online KYC)
- Login
- Add Money to wallet
- Buy the stocks in Delivery
5 Indian Railway Share price with detail analytics
1st Railway Stock-IRFC: 1-year return: 416.10%
About the company:
Indian Railway Finance Corporation (IRFC) is a public sector enterprise that was founded in December 1986 to raise money from domestic and international markets to cover the majority of Indian Railways’ need for extra budgetary resources. It is scheduled a Mini Ratna Public Sector Enterprise that reports to the Government of India’s Ministry of Railways. The main activities of IRFC include providing funding for the purchase of rolling stock, leasing of railway infrastructure, and lending to organisations that fall under the Ministry of Railways (MoR).
The IRFC has supported 76,735 passenger coaches and 2,65,815 goods waggons, according to the most recent data. The business has also provided funding for project assets totaling INR 2,20,485 crores. When it comes to managing assets, IRFC is placed 92nd.
How does IRFC generate revenue?
According to the most recent data, IRFC’s operating revenue for FY 2022–23 increased by 17.70% to INR 23,891 crores from INR 20,298 crores recorded in FY 2021–22. Additionally, the company reported a profit of INR 6,337 Cr for FY 2022–23 as opposed to INR 6,090 Cr for FY 2021–22.
The IRFC makes money in a number of ways, including by funding the purchase of rolling stock, leasing railway infrastructure, and making loans to organisations that fall under the Ministry of Railways (MoR). Additionally, the business has released green offshore bonds and agreed to jointly finance railway infrastructure projects with IIFCL.
Fundamentals of IRFC:
- Market Cap: Rs. 1, 00, 157 Cr
- P/R Ratio: 16.07
- P/B Ratio: 2.13
- Industry P/E: 22.96
- Debt to Equity Ratio: 8.72
- ROE: 13.25%
- EPS (TTM): 4.77
- Dividend Yield: 1.96%
- Book Value: 35.99
- Face Value: 10
IRFC is fundamentally very strong stock because 86.36% is promoters’ holding.
2nd Indian railway share price- IRCTC-Past 1 year return: – 48.76%
About the company:
The Ministry of Railways of the Government of India oversees the Indian Railway Catering and Tourism Corporation (IRCTC), a Central Public Sector Enterprise that offers ticketing, catering, and tourism services to the Indian Railways. The largest government-owned catering company in India right now is IRCTC.
The services offered by IRCTC include the ability to order train tickets online, check the status of a ticket reservation, and create travel itineraries. Additionally, the business provides catering services to passengers in trains and at railway stops. IRCTC is the 10th-ranked Indian public sector enterprise in terms of assets under management.
Fundamentals of IRCTC:
- Market Cap: RS. 55, 984 Cr
- P/E ratio: 56.39
- P/B Ratio: 22.59
- Industry P/E: 55.64
- Debt to Equity; 0.03
- ROE: 40.59%
- EPS (TTM): 12.41
- Dividend Yield: 0.79%
- Book Value; 30.98
- Face Value; 2
IRCTC is fundamentally very strong stock because 62.40% is promoters’ holding.
And this is high time to buy this stock as it has been corrected 6.85% .
3rd Indian Railway Share price- RVNL- 295% last year
About the company:
In the Government of India, the Ministry of Railways’ construction division for project implementation and the growth of transport infrastructure is called Rail Vikas Nigam Limited (RVNL), a Central Public Sector Enterprise. The Government of India established RVNL in 2003 with the dual goals of raising extrabudgetary resources and carrying out projects linked to the development and expansion of rail infrastructure on a time-sensitive basis.
Fundamentals of the company:
- Market Cap: Rs. 35, 518 CR
- ROE; 19.39%
- P/E Ratio: 24.23
- Debt to Equity: 0.88
- Dividend Yield: 1.25%
- Book Value: 35.13
- Face Value: 10
Rail Vikas Nigam is fundamentally very strong stock because 78.20% is promoters’ holding.
4th Indian Railway Share price- Railtel Corp 217.97% profit last year
About the company:
Broadband and VPN services are provided by the public sector company Railtel Corporation of India, which is part of the Indian government’s Ministry of Railways. The business was established in September 2000 with the aim of modernising Indian Railways’ train control operation and safety system as well as building a nationwide broadband, telecom, and multimedia network.
A division of the Indian Railways, Railtel Corporation is headquartered in New Delhi. Since February 2021, the company has been traded on stock exchanges. As of October 13, 2023, the share price of Railtel Corporation on the BSE/NSE was INR 227.10, according to the most recent data that is currently available.
Fundamentals of the company:
- Market Cap: Rs. 7, 670 CR
- ROE: 11.47%
- P/E Ratio: 38.06
- P/B Ratio: 4.65
- Dividend Yield: 1.07%
- Debt to Equity Ratio: 003
This Railway stock India is also fundamentally very strong because promoters’ holding is 72.84%
5th Indian Railway Share price- Texmaco Rail & Engineering- 1-year return- 246%
About the company:
Texmaco Rail & Engineering Limited, an engineering and infrastructure firm led by Chairman Mr. Saroj Kumar Poddar, is currently the main business of the Adventz Group. Six production facilities totaling 6.78 million square feet are owned by the corporation.
The activities of Texmaco Rail & Engineering Limited include bridge and structural work, rolling stock, steel foundries, process equipment, traction and coaching, and rail EPC. The business has already won numerous bids and contracts, including one for INR 253 crores and another for INR 200 crores.
Fundamentals of the company:
- Market Cap: Rs. 4376 CR
- ROE: 4.81%
- Dividend Yield: 0.11%
- Debt to Equity: 0.76
- P/E ratio: 63.83
- P/B Ratio: 3.07
- Book Value; 44.29
- Face value:1
Again this Railway stock is also fundamentally very strong as promoters’ share holding is 58.70%
(Disclaimer: All the Railway stocks names discussed above are for only information purpose or educational purpose. This is not an investment advice/suggestion. Always invest at your own risk and analysis.)
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